MCQs on Entertainment Current Affairs

1701.

What is the primary objective of the 'National Export Growth Initiative' launched by India in 2026 to enhance its global trade presence?

A To reduce import tariffs on essential goods

B To promote and facilitate the growth of Indian exports

C To restrict foreign investment in manufacturing

D To increase domestic consumption of local products

1702.

The Monetary Policy Committee (MPC) is a committee constituted by the Reserve Bank of India (RBI) under which Act, responsible for setting the benchmark interest rate (Repo Rate)?

A The Banking Regulation Act, 1949

B The Reserve Bank of India Act, 1934

C The Companies Act, 2013

D The Securities Contracts (Regulation) Act, 1956

1703.

Which of the following is a primary objective of the Reserve Bank of India (RBI) when deciding on the Repo Rate, as highlighted in the context of inflation concerns in 2026?

A Maximizing bank profits

B Controlling inflation and ensuring price stability

C Increasing the stock market index

D Reducing the fiscal deficit

1704.

As of the latest Monetary Policy Committee (MPC) meeting in 2026, what was the prevailing Repo Rate maintained by the Reserve Bank of India (RBI) to manage inflation?

A 6.00%

B 6.25%

C 6.50%

D 6.75%

1705.

The 2026 SCO Summit's emphasis on regional security is also likely to involve discussions on enhancing cooperation in which related area?

A Drug trafficking and illicit arms trade.

B Space debris management.

C Global financial market stability.

D Artificial intelligence regulation.

1706.

In the context of the 2026 SCO Summit's focus on regional security, which of the following is a key challenge being addressed?

A Cybersecurity threats and cross-border cybercrime.

B Disputes over maritime boundaries.

C International trade tariff wars.

D Global pandemics and health crises.

1707.

The Shanghai Cooperation Organisation (SCO) Summit in 2026 is primarily focusing on which aspect of regional cooperation?

A Enhancing counter-terrorism and anti-extremism measures.

B Promoting cultural tourism exchanges.

C Establishing a common currency for member states.

D Developing joint space exploration missions.

1708.

The 2026 review of the India-Japan CEPA aims to update the agreement to better reflect contemporary economic realities. What is a key objective of this update?

A To facilitate easier movement of skilled professionals between the two countries.

B To impose stricter regulations on foreign direct investment.

C To reduce the scope of bilateral trade in goods.

D To limit technology transfer agreements.

1709.

Which of the following sectors is likely to see enhanced cooperation as part of the 2026 review of the India-Japan CEPA?

A Renewable energy and green technologies.

B Traditional handicrafts.

C Coal mining.

D Space exploration technology.

1710.

In 2026, what is the primary focus of the review of the Comprehensive Economic Partnership Agreement (CEPA) between India and Japan?

A Expanding trade in services and digital economy cooperation.

B Reducing tariffs on agricultural products.

C Increasing investment in the automotive sector only.

D Streamlining customs procedures for textiles.

MCQs - 2026-07